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Wirecard is a global company, which operates across all continents worldwide since 2017. Wirecard Card Solutions Ltd. (WDCS) is a wholly owned subsidiary headquartered in Newcastle upon Tyne, UK, with an e-money licence that allows it to issue virtual cards. It provided numerous mobile payment applications and Wirecard's own mobile payment app ...
The Wirecard scandal (German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany.
Jun 25, 2020 · Wirecard filed for insolvency after the once high-flying payments group revealed a multiyear fraud that led to the arrest of its former chief executive.
Dec 8, 2022 · The former head of disgraced German payment company Wirecard has gone on trial accused of involvement in the biggest fraud case in German history.
Jun 26, 2020 · Wirecard provided the invisible financial plumbing that, with a wave of plastic over a card reader almost anywhere in the world, made transactions happen.
Feb 27, 2023 · The tech company Wirecard was embraced by the German élite. But, Ben Taub writes, a reporter discovered that behind the façade of innovation were lies and links to Russian intelligence.
Jun 25, 2020 · 1999 Wirecard is founded in a Munich suburb, backed by venture capital in the late stages of the dotcom boom. A payment processor, it helps websites collect credit card payments from customers.
Current information on the insolvency proceedings. The Local Court of Munich – Insolvency Court – opened insolvency proceedings over the assets of EUR 500 million bond in a ruling dated August 25, 2020 (Ref. 1542 IN 1308/20).
Aug 25, 2020 · Within a few days, KPMG realised that Wirecard’s core payments processing operations in Europe were not making any money — a fact that Wirecard had never disclosed to investors.
Jun 19, 2020 · Wirecard, a Germany company that soared in value in recent years as it provided a widening array of payment services around the world, was suddenly collapsing on Friday amid questions surrounding...